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Mining Rig Rentals

Mining is the process of running SHA256 or other algorithms double round hash verification processes in order to validate transactions and provide the requisite security for the public ledger of the bitcoin network. The speed at which you mine is measured in hashes per second.

The bitcoin network compensates miners for their effort by releasing bitcoin to those who contribute the needed computational power. This comes in the form of both newly issued coin and from the transaction fees included in the transactions you validate when mining. The more computing power you contribute, the greater your share of the reward.